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Market move▼ Bearish for Indian equities
Triple shock rattles India’s FMCG basket as 68% of categories lose volume
The brief
- 68% of FMCG categories lost volume amid higher costs and rural income pressures
- Weak volumes threaten growth at Indian FMCG companies, including Hindustan Unilever, Dabur and Nestlé India
- Premium edible oils find buyers despite rising price gap
- Edible oil duty cut may boost snack makers’ margins
- Import duty cut on sunflower oil has a significant Russian backdrop
- The crop at the centre of India’s edible oil self-reliance push
- Why your ₹100 meal costs ₹250 online and how Rapido wants to change that
Pressure on India’s FMCG sector
NielsenIQ reports said higher input costs and rural income pressures weighed on FMCG volumes in the June quarter: 68% of categories lost volume, and rural volumes fell 5%.
Monday, 28 September
Sunday, 27 September
- Triple shock rattles India’s FMCG basket as 68% of categories lose volume